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Market Watch 30 June 2011
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In the markets regularly monitored by MoAC and WFP, the national average price of most of the commodities remained stable in the month of June compared to May. The average
price of coarse was Rs. 35.4 per kg, while that of wheat flour and potato were Rs. 35.3 and Rs. 21.7 per kilo respectively. In the last quarter, the national average prices of mustard oil and coarse rice increased by 3.0% and 2.2% respectively,while that of broken lentil, black gram and wheat flour decreased by 9.1%, 6.8% and 4.9% respectively In major consumer markets, the average price of coarse rice increased by 1.3%, while that of wheat flour remained same. The average price of coarse rice increased by 2.8% in mountain & hill markets with road access and by 0.8% in Terai markets compared to last month (May). The price of coarse rice in mountain markets without road access such as Dolpa remained high and stable at Rs.95.0 per kilo. However, the average price of wheat flour decreased by 2.2% in mountain & hill, and by 0.9% in Terai markets compared to last month. In the wholesale market monitored by FNCCI/AEC, the average price of coarse rice from 5 large markets (Birtamod, Kathmandu, Butwal, Surkhet and Dhangadi) increased by 12.6% to Rs. 33.1 in June 2011 compared to last month. The y-o-y price inflation in mid-May 2011 remained at 9.5 % compared to 8.8 % in the previous period. The food and beverage price index increased by 16.0 %, while the index of vegetable sub groups increased by the highest rate of 48.3% compared to 3.8% decline in the previous period. Petrol price in Nepal increased from Rs. 97 in March to Rs. 102 per litre in May 2011. Continuous rise in petroleum prices is leading to corresponding increase in food transportation costs. As a result, the y-o-y transport price index in mid-May 2011 rose by 10.1% compared to the previous period.
#MarketWatch #PriceInflation #Development #FoodSecurity #Production
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Publisher:
WFP, MOIAC, FNCCI/ AEC, CIPF
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(2011
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Type / Script:
Bulletin or Poster
in English
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Keywords:
CONSUMER PRICE INFLATION, SUMMER CROPHARVEST, FOOD SECURITY MONITORING SYATEM, TRADE, NATIONAL MARKET DEVELOPMENT, LAGGEST INCREASE, PRICE CHANGE, MARKET, SUPPLY, PARICE, DECREASE IN PRICE, COMMODITIES, PRODUCTION, FOOD PRICES
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Thematic Group:
WFP
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Food and Emergency humanitarian logistict support
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Thesaurus:
02.02.00
- Economic Conditions
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Reference Link:
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